【USA】Former Basketball Player Michael Jordan’s Sneakers Sold for 18 Crore Rupees, Become the Most Expensive Shoes

Editor’s Note

A pair of game-worn Air Jordans from Michael Jordan’s final championship victory in 1998 has set a new world auction record for sneakers, selling for $2.2 million.

पूर्व बास्केटबॉल खिलाड़ी माइकल जॉर्डन के स्नीकर्स 18 करोड़ रुपये में बिके, सबसे महंगे जूते बने
What is the news?

The famous Air Jordan sneakers worn by former American basketball legend Michael Jordan were sold for a record $2.2 million (approximately 18 crore rupees) at a sports footwear auction on Tuesday.
These shoes set a new record for the highest price ever paid in an international sneaker sale.
It is worth noting that Michael wore these shoes during the 1998 NBA Finals (Basketball Championship) while winning his sixth and final championship title.

Record

According to the auction house Sotheby’s, the sale of the Air Jordan 13 sneakers worn by Michael in 1998 for $2.2 million has established a new world record.

“These record-breaking results prove that the demand for Michael Jordan sports memorabilia is exceeding all expectations while performing better. These shoes have broken their own record of $1.5 million set in September 2021.”
Statement

Sotheby’s CEO and founder Gerom Sap told Insider that this new record is linked to the history and cultural value of Jordan sneakers and that they are like gold.

“Jordan is the most expensive sneaker in the world, which created the market for the sneaker industry. Now it is creating the market for the most valuable sneakers.”
Statement

Gerom explained, “We have clients from different sectors, ranging from real estate to finance and private equity. There are many people who are interested in this emerging market. We auction items from athletes, which also include signatures made by them.”
The Jordan sneakers sold at the auction are known as “Bred” for their black and red color. The identity of the shoe’s buyer has not been revealed.

Other Records

According to information, just last week, a bat used by American baseball player Babe Ruth sold for $185,000, while in May 2022, a jersey worn by football legend Diego Maradona sold for approximately $928,000.
In September 2022, a jersey worn by Jordan in the first game of the 1998 NBA Finals sold for $1.01 million.
In September 2021, another pair of Jordan’s sneakers sold for $1.5 million.

Information

Jordan wore these sneakers in the second half of the Chicago Bulls’ 93-88 victory over the Utah Jazz on June 5, 1998. This final was featured in the 2020 Netflix documentary “The Last Dance.” Jordan is considered a great basketball player.

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⏰ Published on: April 12, 2023